Big news in the world of Bitcoin! Avenir Group, a big investment company in Hong Kong, just bought a huge amount of Bitcoin ETFs (like special Bitcoin stocks). This shows they believe Bitcoin will do well in the future.
- Avenir Group spent $599 million on Bitcoin ETFs.
- They now own the most Bitcoin ETFs in Asia.
- Many big companies are buying Bitcoin ETFs, making it more popular.
| Fact | Number |
|---|---|
| Money spent by Avenir | $599 million |
| Number of Bitcoin ETF shares owned | 11.3 million |
| Percentage of Bitcoin ETF assets held by institutions | 25.4% |
Some people think the price of Bitcoin might go up, but remember: nobody knows for sure what will happen!
